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July 2023

Short-term rental industry news and updates

40 articles

Articles

Landlords: Ordinance Killing Us - Los Angeles Business Journal

This article discusses an ordinance impacting landlords in Los Angeles. Hosts in the area should pay close attention to potential regulatory changes that could affect their short-term rental operations.

over 2 years agoLos Angeles, CA85
Displaced renters reflect on their Island years - Anna Maria Island Sun

This article discusses the impact of changes in the local housing market on long-term renters on Anna Maria Island. While not directly about STRs, it highlights the broader housing environment, which may indirectly affect STR operations or potential for future regulatory changes.

over 2 years agoAnna Maria Island, FL65
San Bernardino County to study impact of short-term rentals - sbsun.com

San Bernardino County is studying the impact of short-term rentals. Hosts should be aware of potential regulatory changes as a result of this study. Keep an eye out for future updates.

over 2 years agoSan Bernardino County75
Do Hosts on Airbnb need to pay Capital Gains Tax? - Airbnb Newsroom

This Airbnb Newsroom article discusses the potential need for Airbnb hosts to pay capital gains tax. The article serves as a general informational piece from Airbnb. Hosts should consult with tax professionals to understand how capital gains taxes may apply to their Airbnb hosting activities.

over 2 years ago75
Airbnb renters claim man placed hidden cameras in Maryland home - CBS News

This article reports on a case where Airbnb renters claim hidden cameras were found in a Maryland rental home. Hosts should ensure their properties are free of hidden cameras to protect guest privacy and avoid potential legal issues.

over 2 years agoMaryland85
Airbnb renters claim man placed hidden cameras in Maryland home - CBS News

Renters of an Airbnb in Maryland have reported finding hidden cameras in the rental property. This highlights the importance of guest safety and privacy for hosts. Hosts should review their security measures and ensure compliance with local regulations regarding surveillance in rental units.

over 2 years agoMaryland85
Airbnb van renters accused of defecating on Upper East Side streets - New York Post

This article reports that Airbnb van renters are accused of inappropriate behavior in the Upper East Side. While not directly related to regulations, this highlights the importance of setting clear house rules and screening guests to maintain a positive experience for your neighbors.

over 2 years agoNew York City, NY75
Philly is cracking down on unlicensed Airbnb hosts, with 1,500 listings at risk of removal - Billy Penn at WHYY

Philadelphia is cracking down on unlicensed Airbnb hosts. Approximately 1,500 listings in Philadelphia are at risk of removal, so hosts should ensure they have the necessary permits and licenses to avoid penalties.

over 2 years agoPhiladelphia, PA85
New Hospitality Brand Freewyld Launches in August (Ep581)

This podcast episode features an interview with Eric Mueller of FreeWild, a new hospitality brand focused on converting old vacation rental communities and boutique hotels into modern short-term rental experiences. The discussion focuses on the brand's attention to detail in creating a superior guest experience, from design to technology. Hosts can gain insights into enhancing their guest experiences by focusing on details like seamless check-in and thoughtful design elements.

over 2 years ago82
Philadelphia is cracking down on Airbnb and Vrbo. Locals are torn over whether it's a good thing. - Business Insider

Philadelphia is cracking down on short-term rentals, impacting hosts using platforms like Airbnb and Vrbo. This means potential new regulations or stricter enforcement. Hosts should stay informed about local ordinances.

over 2 years agoPhiladelphia, PA85
New Hospitality Brand Freewyld Launches in August

This article discusses Freewyld, a new hospitality concept that allows guests to choose between 'Free Mode' with modern comforts and 'Wyld Mode' that encourages disconnecting from technology and embracing nature. The article also touches on revenue management strategies, the role of a CEO in an STR business, and how STR pricing differs from hotel pricing. Hosts should consider the Freewyld approach for their listings and review the revenue management strategies.

over 2 years ago75
From Flipping Houses to starting an Airbnb Fund (Ep580)

This podcast episode features a discussion on how to grow a short-term rental business, from flipping houses to property management to starting a fund. The guests discuss leveraging tech like ChatGPT and Yada.ai, and also emphasize the importance of setting minimum night stays based on how far in advance guests book to maximize revenue.

over 2 years ago85
Short-term rentals are back in the limelight - Big Bear Grizzly

This article discusses the resurgence of short-term rentals, indicating increased interest in the market. Hosts should stay informed about market trends to adapt their strategies and capitalize on potential opportunities.

over 2 years ago65
From Flipping Houses to starting an Airbnb Fund

This article discusses pricing strategies, guest review optimization, and building a strong team for STR success. It highlights the importance of tiered pricing, automated guest messaging, and creating a positive guest experience to boost ratings. Consider implementing these strategies to enhance your revenue and guest satisfaction.

over 2 years ago78
Does investing in short-term rentals make sense at 7% mortgage rates? (Ep579)

This podcast episode discusses the current market for short-term rentals, highlighting the impact of rising interest rates and fluctuating home prices. The episode advises hosts to analyze markets individually, consider negotiation opportunities, and be wary of properties bought during peak market conditions.

over 2 years ago78
How to prevent your guests from smoking in your Airbnb’s (Ep578)

This podcast episode discusses how to prevent guests from smoking in your Airbnb and other potential issues like parties and noise complaints. The episode highlights the early days of Airbnb and emphasizes the importance of managing properties remotely and creating a positive relationship with neighbors. Hosts should consider methods for addressing potential problems such as noise and smoking to maintain good relationships with neighbors and avoid negative consequences.

over 2 years ago75
Banking and Finances for Airbnb Hosts (Ep577 )

This podcast episode introduces Baselane, a bank designed specifically for short-term rental hosts, offering features like bookkeeping, virtual accounts, and virtual debit cards. Baselane aims to simplify financial management for hosts. Consider exploring Baselane for streamlined bookkeeping and financial tracking.

over 2 years ago85
Learning lessons from 10 years of entrepreneurship (Ep576)

This podcast episode features a discussion about entrepreneurship and making a career change, offering valuable lessons for those considering a transition from a corporate job to full-time STR hosting. The guest shares his experiences, decision-making process, and advice for navigating the emotional and practical challenges of building a business. Hosts can learn from the guest's experiences in transitioning careers and apply similar principles to their own businesses.

over 2 years ago75
How to scale to 1000+ units with Skyrun CEO Lukas Krause (Ep575)

This interview with a short-term rental CEO discusses industry trends and strategies for scaling. The conversation covers the evolution of revenue management, the impact of AI, and the importance of adapting to a more competitive market. Hosts should focus on refining their pricing strategies, providing excellent service, and refreshing their listings to succeed in the current environment.

over 2 years ago82
Midcoast Maine has been slow to regulate short-term rentals - Bangor Daily News

This article from the Bangor Daily News discusses the slow pace of short-term rental regulation in Midcoast Maine. Hosts in this area should be aware of potential regulatory changes and stay informed about local ordinances that could impact their operations.

over 2 years agoMaine75
Despite national slump, Michigan vacation rentals are going gangbusters - Bridge Michigan

While national vacation rental markets are experiencing a slump, Michigan's STR market is thriving. This article highlights the contrasting trends, suggesting strong performance in a specific regional market. The news provides a snapshot of current market dynamics and potential investment opportunities.

over 2 years agoMichigan75
Does investing in short-term rentals make sense at 7% mortgage rates?

This Get Paid For Your Pad episode discusses the current real estate market, the impact of high interest rates on STRs, and strategies for success. It emphasizes the importance of a world-class guest experience, clear communication, and strategic partnerships. The article also provides insights on revenue management, and CEO focus for STR businesses, and challenges in STR pricing.

over 2 years ago75
AI Insights: Generative AI to manage short-term rentals - PhocusWire

This PhocusWire article discusses the use of generative AI in managing short-term rentals. Hosts should consider exploring AI tools to streamline operations and potentially improve guest experiences.

over 2 years ago75
'A very new issue': Kenora discussing regulation of short-term rental properties - CTV News

Kenora is discussing potential regulations for short-term rental properties. Hosts in the Kenora area should monitor local news for updates, as regulations could impact their ability to operate.

over 2 years agoKenora, Ontario75
Pitkin commissioners willing to bend STR rules for Redstone’s commercial zone - AspenTimes.com

This article discusses potential changes to short-term rental rules in the Redstone commercial zone of Pitkin County. Hosts operating in or near Redstone should pay attention to these proposed changes as they may impact their ability to operate.

over 2 years agoPitkin County, CO75
Airbnb’s most hospitable Host in every US state - Airbnb Newsroom

Airbnb highlights its most hospitable hosts across the U.S. in a new feature. This showcases the platform's commitment to quality and guest experience, featuring top-rated hosts in every state. It emphasizes the value of excellent service and provides a glimpse into the standards of hospitality on Airbnb.

over 2 years agoUnited States78
How to prevent your guests from smoking in your Airbnbs

This article discusses the use of the Wynd Sentry, a device designed to detect and monitor smoke and noise in short-term rental properties. Hosts can use this device to identify smoking violations and address noise complaints, potentially avoiding damage and disputes. A discount code is offered for the device.

over 2 years ago75
Property owners sue Santa Fe County over short-term rental ordinance - KRQE

Property owners in Santa Fe County are suing over a recently enacted short-term rental ordinance. This legal action suggests potential challenges to local STR regulations, which hosts operating in the area should monitor closely to remain compliant and informed.

over 2 years agoSanta Fe County, NM85
Maryland teachers are increasingly turning to this surprising summer side hustle - cbsnews.com

This article discusses a summer side hustle trend for Maryland teachers. While not directly about STRs, it hints at increased interest in flexible income opportunities, which could reflect broader economic trends affecting the STR market.

over 2 years agoMaryland65
Broadview Heights mulls banning Airbnbs, other short-term rentals - Cleveland.com

Broadview Heights, Ohio is considering a ban on short-term rentals, including Airbnb. This could significantly impact hosts in the area. Hosts should monitor local news and government websites for updates and consider contacting local representatives to voice their concerns.

over 2 years agoBroadview Heights, OH85
Vacation rental market shift leaves owners in "nerve-wracking" situation as popular areas remain unbooked - cbsnews.com

This article discusses the changing dynamics in the vacation rental market, where some popular areas are experiencing lower occupancy. The shift is creating anxiety for owners who might be struggling to fill bookings. It underlines the need for hosts to monitor market trends, adjust strategies, and adapt to potential fluctuations to maintain profitability.

over 2 years ago75
Banking and Finances for Airbnb Hosts with Baselane

This article from Get Paid for Your Pad offers insights on revenue management strategies for STR hosts. It covers topics like daily/weekly pricing routines, understanding booking signals, and the impact of minimum stays and last-minute pricing on revenue. It also touches upon CEO strategies for STR businesses, including time management and strategic focus.

over 2 years ago82
What do data trends reveal about Asheville’s homestay market? - Mountain Xpress

This article analyzes data trends in Asheville's homestay market. Hosts in Asheville should stay informed about local market performance to optimize their pricing and occupancy.

over 2 years agoAsheville, NC75
Oceanside Estate, Mendocino County - 7x7 Bay Area

This article discusses an Oceanside Estate located in Mendocino County, CA, within the 7x7 Bay Area. It is likely a listing or advertisement for a short-term rental property.

over 2 years agoMendocino County, CA65
Learning lessons from 10 years of entrepreneurship

This article discusses revenue management strategies for STRs, highlighting the importance of a structured pricing routine, analyzing booking behavior, and making data-driven decisions. Hosts should implement a daily and weekly pricing review process to optimize revenue and stay ahead of market trends.

over 2 years ago78
Flagstaff council unanimously passes regulations on short-term rentals - Arizona Daily Sun

The Flagstaff City Council unanimously passed new regulations for short-term rentals. Hosts in Flagstaff should familiarize themselves with these new rules to ensure compliance and avoid potential penalties.

over 2 years agoFlagstaff, AZ85
Turn your backyard shed into a rental house if a new Phoenix code passes - AZ Family

A new Phoenix, Arizona code could potentially allow homeowners to convert backyard sheds into rental houses. Hosts in the area should monitor the city's ordinances for potential opportunities to expand their rental capacity. No immediate action is required, but staying informed is recommended.

over 2 years agoPhoenix, Arizona75
No More Airbnb in NYC? Behind The Legal Battle Over Short-Term Rentals, Pt.2 - BKReader

This article discusses the ongoing legal battle surrounding short-term rentals in New York City. Hosts in NYC should stay informed about potential regulatory changes and their impact on their ability to operate. It is recommended that hosts monitor local news for updates on the legal status of STRs.

over 2 years agoNew York City85
Increase revenue by finding your Airbnb niche

To increase revenue, hosts should identify their ideal guest, or 'guest avatar', and tailor their listing and experience to meet their needs. The article suggests reviewing past guest feedback and considering the local market's visitor profile to find your niche. This can lead to significant revenue increases, as demonstrated by the author's personal experience.

over 2 years ago85
How to keep your Airbnb’s safe and avoid guest accidents (Ep 574)

This podcast episode discusses safety protocols for short-term rentals, highlighting potential hazards and the importance of preventative measures. Hosts are encouraged to assess their properties for safety risks and implement solutions like signage and safety devices to prevent accidents and mitigate potential legal issues. The episode also shares extreme examples of host liability.

over 2 years ago82